(The Center Square) – Georgia ranks 22nd on the Tax Foundation’s annual State Tax Competitiveness Index, with property taxes receiving the lowest marks.
Property taxes are not set by the state, but rather by local cities, counties and school boards. Georgia ranks higher than all of its neighbors except Florida, with the highest property taxes paid as a percentage of owner-occupied housing value at 0.77% in 2023, an increase from 0.69% in 2022, according to the Tax Foundation.
Georgia ranks 38th in the tax competitiveness index for property taxes.
Voters approved a measure in 2024 that would have curbed property tax increases by freezing property tax assessments at the rate of inflation. Cities and counties could enact a new penny sales tax to offset property taxes.
But baked into the b

The Georgia Sun